Search results
Results from the WOW.Com Content Network
They found around 30 cases from 18 state agencies falsifying information to get approximately $8 million in public funds improperly awarded. 155,000 non-citizen receive state ID
The Illinois Public Pension Amendment was a proposed amendment to the Illinois state constitution. On November 6, 2012, Illinois voters rejected it in a statewide referendum. [1] A legislatively referred constitutional amendment, if approved, it would have amended the Constitution of Illinois. [1]
In 2019, IMRF became the first public pension fund in the nation to receive a Malcolm Baldrige National Quality Award for Performance Excellence. [3] [4] This Presidential-level honor recognizes exemplary U.S. organizations and businesses. In 2017, IMRF received an Illinois Performance Excellence (ILPEx)] Gold Award for Achievement of ...
References to the Illinois Register contain the volume number (each volume is one calendar year) and the page number, which is continuously numbered over the course of a volume. For example, 42 Ill. Reg. 10808 refers to page 10808 of the 42nd volume (calendar year 2018).
Pritzker also previewed a plan to address Illinois' massive pension debt by boosting the funding target from 90% to 100% and extending the payment deadline to 2048.
(The Center Square) – Illinois unfunded pension liability is growing. The Illinois Commission on Government Forecasting and Accountability reports the latest unfunded liability is $143.7 billion.
The Illinois pension crisis refers to the rising gap between the pension benefits owed to eligible state employees and the amount of funding set aside by the state to make these future pension payments. As of 2020, the size of Illinois' pension obligation is $237B, but the state's pension funds have only $96B available for payouts to retirees.
Peoria's general fund revenue will contribute roughly $7.5 million of that pension payment this year, with about $2.6 million of that coming from the city's reserve fund.